DTE Energy, Q3 and Earnings Call
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Q3 2025 Management View Joi Harris, President and CEO, opened her first earnings call as CEO by stating that DTE is making significant progress on its 2025 financial goals, providing a strong 2026 operating EPS outlook,
U.S. Midwest electric utility DTE Energy on Thursday raised its five-year capital investment plan by $6.5 billion to $36.5 billion, driven by growing electricity demand from data centers and work to modernize its power infrastructure.
DTE Energy said Thursday it executed an agreement to power a new 1.4-gigawatt "hyperscale" data center in Michigan, which will increase the utilty's load by a massive 25%.
The utility has a five-year, $30 billion investment pipeline to potentially serve 8.4 GW of data center load, officials said Thursday.
DTE Energy, Detroit Mayor Mike Duggan, and residents in the Van Dyke/Lynch neighborhood of the city broke ground Oct. 27 on the first of five new solar fields. The start of construction marks a major
According to the company, the hyperscaler will be served with existing capacity and new energy storage investments, which will be paid for by the data center. It is expected to ramp up over the next two to three years. DCD has reached out to DTE to ask about the identity of the customer.
DTE Energy will have a new communications leader, effective Oct. 30, to coincide with the retirement of Paula Silver, who led the company's communications team and oversaw its philanthropic efforts.
DTE Energy's third-quarter net income fell as one-time items weighed, but the Detroit electricity producer said it struck a data-center supply deal and forecast growth in 2026 operating earnings. The Detroit utility posted earnings of $419 million, or $2.01 a share, down from $477 million, or $2.30 a share, a year earlier.
Mayor Mike Duggan, dozens of community members and DTE officials break ground on the first neighborhood of the solar farms project.
If a data center were to be built in Monroe County, is there currently enough energy to operate it while also serving current residential and business customers? A data center is currently proposed in Dundee Township.
DTE Energy (DTE) posted a net profit margin of 10.1%, down from 11.2% a year ago, while reporting 4% earnings growth, noticeably slower than its five-year average rate of 11.7%. Revenue is forecast to grow at 3.